Two foundation trusts make joint bid to take over struggling acute trustBMJ 2011; 343 doi: https://doi.org/10.1136/bmj.d5037 (Published 05 August 2011) Cite this as: BMJ 2011;343:d5037
- Ingrid Torjesen
Newcastle upon Tyne Hospitals Foundation Trust and Cumbria Partnership Foundation Trust have put in a joint bid to take over a struggling acute trust—the debt ridden North Cumbria University Hospitals Trust.
The board of directors of North Cumbria University Hospitals Trust, which runs acute hospitals in Carlisle and Whitehaven, realised that it would be impossible to achieve foundation status by 2013-14—the government’s proposed deadline for all acute trusts to become foundation trusts—because of longstanding financial pressures. So it agreed that the best option would be to seek a merger with, or an acquisition by, an existing foundation trust.
Mike Little, the trust’s chair said: “The trust board acknowledges that the only way to maintain …